Brazil's Copom is expected to cut the Selic to 14% on Wednesday, a fourth straight quarter-point move as inflation cools but fiscal risks linger.
Markets: Brasília
Key Facts
—Decision. Brazil’s Monetary Policy Committee (Copom) announces its next interest-rate decision on Wednesday, 5 August 2026, after a two-day meeting.
—Consensus. The clear market consensus is a fourth straight cut of 0.25 percentage points, lowering the benchmark Selic rate from 14.25% to 14.00%.
—Odds. Trading in B3 options puts the probability of a quarter-point cut at about 75.5%, with an unchanged rate seen as the main alternative.
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